📈Daily Market Review📉
🔸Daily Macro:
BTC Market:
Trump's speech at the Bitcoin Conference suggested adding BTC to the national reserve, raising its price to $69K
🔸Bitcoin ETF:
BTC ETFs had a net inflow of $535M last week, with July's total at $3B
🔸Ethereum ETF:
ETH ETFs saw a net outflow of $341M last week, with Grayscale's ETHE averaging $300M in daily outflows, pressuring ETH's price
🔸Daily Focus:
🔹NEIRO:
The DOGE founder adopted a dog named NEIRO, causing a surge in meme activity
NEIRO's price dropped 15%, with a $380M trading volume. Multiple tokens with the same name emerged and KOLs endorsed various tokens.
🔹Trump-Themed Tokens:
Following Trump's speech, tokens like TRUMP and MAGA showed volatility. More Trump-themed tokens are expected to emerge
🔸Next Focus - Significant Events & Token Unlocks:
$JUP: Jupiter's proposal to decrease its token supply by 30% will be voted on starting Aug 1
Major unlocks expected this week for $W, $SUI, $OP, $ZETA, $GAL, and $DYDX.
Full review: 👉HERE👈
🔸Daily Macro:
BTC Market:
Trump's speech at the Bitcoin Conference suggested adding BTC to the national reserve, raising its price to $69K
🔸Bitcoin ETF:
BTC ETFs had a net inflow of $535M last week, with July's total at $3B
🔸Ethereum ETF:
ETH ETFs saw a net outflow of $341M last week, with Grayscale's ETHE averaging $300M in daily outflows, pressuring ETH's price
🔸Daily Focus:
🔹NEIRO:
The DOGE founder adopted a dog named NEIRO, causing a surge in meme activity
NEIRO's price dropped 15%, with a $380M trading volume. Multiple tokens with the same name emerged and KOLs endorsed various tokens.
🔹Trump-Themed Tokens:
Following Trump's speech, tokens like TRUMP and MAGA showed volatility. More Trump-themed tokens are expected to emerge
🔸Next Focus - Significant Events & Token Unlocks:
$JUP: Jupiter's proposal to decrease its token supply by 30% will be voted on starting Aug 1
Major unlocks expected this week for $W, $SUI, $OP, $ZETA, $GAL, and $DYDX.
Full review: 👉HERE👈
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